Entries by AllAfrica News: Petroleum

Nigeria: Nigeria’s Refineries Are Beyond Repair. Privatisation Is the Only Way Forward /in /by

[Leadership] Recent conversations triggered by the Bayo Ojulari-led NNPC management on the potential privatisation of Nigeria's three state-owned refineries are not only welcome; they are long overdue. These refineries, while incorporated as standalone...

Kenya: Pump Prices Soar By 9-Shilling Average in EPRA’s July-August Review /in /by

[Capital FM] Nairobi -- The Energy and Petroleum Regulatory Authority (EPRA) has announced sharp increases in fuel prices in its latest monthly review, citing higher international landing costs of petroleum products and exchange rate pressures.

Nigeria: What NNPCL Must Do Before Refineries’ Sale – Experts /in /by

[Daily Trust] Experts have urged the National Petroleum Company Limited (NNPCL) to engage in strategic decisions and foresight if it were to sell the four refineries it controlled.

Nigeria: Buhari Retained Petrol Subsidy So Nigerians Won’t Die – Ex Minister /in /by

[Daily Trust] A former Minister of State for Education, Chukwuemeka Nwajiuba, has said ex-President Muhammadu Buhari deliberately retained the petrol subsidy during his tenure to prevent widespread hardship and loss of life among Nigerians.

Nigeria: Dangote Plans Construction of Nigeria’s Largest Seaport /in /by

[Premium Times] An application to authorities last month, according to Bloomberg, sought ''to build the biggest, deepest port in Nigeria'' in Olokola.

Nigeria: Dangote Seeks Licence to Build Largest, Deepest Seaport /in /by

[Leadership] Africa's richest man, Aliko Dangote, is pursuing approval to construct Nigeria's largest and deepest seaport in Olokola, Ogun State, Bloomberg reports.

Ghana: Oil Funds for ‘Big Push’ Will Be Efficiently Used, Mahama Tells PIAC /in /by

[Ghanaian Times] President John Dramani Mahama has assured members of the Public Interest and Accountability Committee (PIAC) that oil revenues earmarked for his proposed $10 billion "Big Push" infrastructure initiative will be efficiently disbursed an...

Nigeria: SERAP Sues NNPCL Over N825bn, $2.5bn Refinery Repairs /in /by

[Daily Trust] Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the alleged failure to account for and explain the whereabouts of the alleged missing N825bn ...

Nigeria: NNPC Refineries May Never Work Again Despite $18bn Spent – Dangote /in /by

[Leadership] President of the Dangote Group, Alhaji Aliko Dangote, has expressed doubt on the viability of Nigeria's state-owned refineries despite over $18 billion reportedly spent by the federal government on their rehabilitation.